Best case scenario is to pay, sorry, but a judgement would be worse. Also, after you paid them, I would make sure that the case was dropped!
Starting Score: 504
Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Well, speaking from the other side of the fence, a judgement doesn't mean anything. My wife and I sued her former employer. Her paychecks were getting later and later until they just didn't show up. He admitted he owed, made one payment for $500 and then stopped talking to us. Sued, he "responded" and then didn't show up at the hearing. We got a default judgement. Doesn't mean anything. He still hasn't paid us a dime (now six months later) so we have to decide if it is worth the money to file liens, do writs of garnishment, etc. He owes us $2k and we're thinking it isn't worth it.
Call Midland and ask for a payment plan or PFD.
They are sueing my for $1148.00. I settled for 870. I paid 200.00 on the day i agreed. When i recieved the settlement terms in the mail they are open to extending my due date to march if i dont have the funds by feb 28th. I plan to go to court with the settlement terms and im sure the judge would reschedule to a later date to give me time to pay by the agreed time.
They should, I would contact them.
Starting Score: 504Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.
>> About myFICO
